Press Releases

• March 24, 2016

  The Bank of Canada Releases Its Annual Report for 2015

  Media Relations Ottawa, Ontario

  The Bank of Canada’s Annual Report for 2015 was tabled in the House of Commons today.

  Content Type(s): Press, Press releases
• March 9, 2016

  Bank of Canada maintains overnight rate target at 1/2 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent.

  Content Type(s): Press, Press releases
• March 8, 2016

  Bank of Canada launches public consultation to select Canadian woman to be on next series bank note

  Media Relations Ottawa, Ontario

  As announced today by Prime Minister Justin Trudeau and Minister of Finance Bill Morneau, the Bank of Canada is undertaking a broad public consultation to select an iconic Canadian woman to be featured on the first bank note of its next series. This new note will be issued in 2018.

  Content Type(s): Press, Press releases Topic(s): Bank notes
• February 23, 2016

  Bank of Canada Announces Deputy Governor Appointment

  Media Relations Ottawa, Ontario

  The Board of Directors of the Bank of Canada today announced the appointment of Sylvain Leduc as Deputy Governor, effective 2 May 2016.

  Content Type(s): Press, Press releases
• February 16, 2016

  Bank of Canada Announces Future Changes to its Published Foreign Exchange Rate Data

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that, effective 1 March 2017, it will make a series of changes to the number, frequency and calculation methodology of its published foreign exchange rates.

  Content Type(s): Press, Press releases Source(s): Canadian Foreign Exchange Committee
• February 16, 2016

  Bank of Canada announces winners of The Governor’s Challenge student competition

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced the winners of The Governor’s Challenge, a new student competition in which teams simulate the role of advisor to the Bank’s Governing Council.

  Content Type(s): Press, Press releases Source(s): The Governor's Challenge
• February 12, 2016

  Bank of Canada Announces 2016 Scholarship Recipients

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced the inaugural winners of its student Scholarship and Work Placement Program.

  Content Type(s): Press, Press releases Source(s): Scholarship awards
• January 20, 2016

  Bank of Canada maintains overnight rate target at 1/2 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent.

  Content Type(s): Press, Press releases
• January 8, 2016

  Governor Stephen S. Poloz appointed Chair of the BIS Consultative Council for the Americas

  Media Relations Ottawa, Ontario

  The Board of Directors of the Bank for International Settlements (BIS) has appointed , Governor of the Bank of Canada, as Chair of the BIS Consultative Council for the Americas (CCA). The appointment is for a term of two years, effective 9 January 2016. The announcement is available on the BIS website. For more information, […]

  Content Type(s): Press, Press releases
• January 7, 2016

  Expect policy divergence as economies adjust to shocks, Governor Poloz says

  Media Relations Ottawa, Ontario

  Diverging monetary policies are the natural consequence of large declines in resource prices and should be expected, Bank of Canada Governor Stephen S. Poloz said in a speech today at the Mayor’s Breakfast Series in Ottawa. Last month’s interest rate increase by the U.S. Federal Reserve is the first step in a long process toward […]

  Content Type(s): Press, Press releases